UP01, Rimal 3
Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for UP01, Rimal 3
What is UP01 worth today?
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Source: Dubai Land Department. Updated 16 September 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,972 sqft
- Parking
- G335
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 35,400 /yr
- Last sold
- AED 2M · September 2022
- Building
- Rimal 3
About UP01, Rimal 3
UP01 is a three-bedroom apartment of 1,972 sqft of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 September 2022 for AED 2,000,000, or AED 1,014 per sqft, 5% below the AED 1,070 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 21 March 2022, is AED 100,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 35,400 a year.
Sales and rents for UP01 over time
UP01 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rimal 3, and where UP01 sits
All 63 3-beds →UP01 last sold in September 2022 at AED 1,014 per sqft, 5% below what three-beds in Rimal 3 were fetching at the time (AED 1,070). UP01's AED 100,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20259 April 2025 | 1,961 sqft | 3,600,000 | 1,836 | ||
| 26 Feb 202526 February 2025 | 1,961 sqft | 4,250,000 | 2,167 | ||
| 7 Jan 20257 January 2025 | 20 sqft | 19,000 | 969 | ||
| 18 Sep 202418 September 2024 | 1,948 sqft | 2,968,000 | 1,523 |
Rimal 3
Building222 apartments, studios to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,614
- Typical sale
- AED 2.09M
- Typical rent
- AED 131K /yr
- Typical yield
- 5.9%
UP01, Rimal 3 in numbers
- Sold 3 times: first on 23 November 2008 for AED 3,391,000, last on 16 September 2022 for AED 2,000,000 (AED 1,014 per sqft).
- Rented since August 2016 on 9 Ejari contracts, from AED 150,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 35,400 a year (AED 17.94 per sqft).
Source: Dubai Land Department. Updated 16 September 2022.
Questions about UP01, Rimal 3
What did unit UP01 last sell for?
AED 2,000,000 on 16 September 2022: AED 1,014 per sqft for 1,972 sqft. The unit has 3 registered sales; the first was AED 3,391,000 in November 2008.
What is the rent for unit UP01?
AED 100,000 a year on the contract renewed on 21 March 2022. The previous contract, from December 2021, was AED 100,000; the unit has been rented since August 2016.
How big is unit UP01?
1,972 sqft (183.2 sqm): a three-bedroom apartment of a 41-storey tower completed in 2007.
What is unit UP01 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on UP01, Rimal 3
Starts from the last sale price (AED 2M, 16 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →